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MultiversX EGLD

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1. Summary

Ranks

Liquidity
99
Developer
91
Social
99
Momentum (beta)
0
Stack Rank™
-
Price
$14.58 +5.2%
Market Cap
$412.67M (#156)
Supply
/
Tags
Smart Contracts Protocol Elrond Ecosystem MultiversX Ecosystem Layer 1 (L1) Binance Launchpad DWF Labs Portfolio Proof of Stake (PoS) Binance Labs Portfolio GMCI Layer 1 Index
More Metrics
Price
52W High price $74.71
52W High date 15th Mar 2024 (1 year ago)
All Time High (ATH) Date 23rd Feb 2025 (3 months ago)
All Time Low (ATL) Date 23rd Feb 2025 (3 months ago)
Supply & Trading Volume
Trading Volume (24h) $13.48M
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Description

Elrond is essentially this blockchain that uses sharding in order to handle the vast amounts of transactions with low costs as well as instant finality. It handles 15.000 transactions per second and is said to scale into the range of hundreds of thousands. Then you have the EGLD token or Elrond eGold, which is used for transactions as well as smart...

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Elrond is essentially this blockchain that uses sharding in order to handle the vast amounts of transactions with low costs as well as instant finality. It handles 15.000 transactions per second and is said to scale into the range of hundreds of thousands. Then you have the EGLD token or Elrond eGold, which is used for transactions as well as smart contracts, rewards alongside governance.

Elrond is designed for a high level of scalability as well as significant transaction throughput due to the fact that it relies on an adaptive state sharding system that enables transactions to be handled on a rapid basis by a multitude of validators.

By comparison, Bitcoin can handle up to seven transactions per second.

The EGLD Token Explained

Elrond uses the eGold token known as EGLD, and this token is used throughout the entire network.

The EGLD token is used across the network for transactions, validator rewards, governance, staking as well as smart contracts.

Features of Elrond

Sharding is essentially the process of breaking data down into smaller pieces of data and distributing them across multiple chunks throughout the network. These chunks are known as shards, and each has a number of nodes that process the transactions. Keep in mind that there’s also Zilliqa, which uses a shared blockchain as well, and Ethereum 2.0 will also implement different sharding methods.

Elrond specializes in the fact that it implements three different types of sharding, including state, transactions, and network, as well as uses parallel processing to speed up transactions.

When it comes to the Elrod Network, it has pieces that make up the framework of the blockchain, including Nodes and Users, Validators, Shards, Metachain, and eGold (EGLD) tokens.

It uses the secure proof of stake consensus (SPoS) which was developed to improve Proof of Stake solutions. It reduces the latency within the network and allows any node in the shard to determine which members will be a part of the consensus group throughout the start of each round. Randomization is also provided through the aggregated signature from the last block.

Founders of Elrond (EGLD)

Discussing the founders of Elrond, it was co-founded in 2017 by two people, specifically, two brothers. One is named Beniamin Mincu and the other is named Lucian Mincu as well as Lucian Todea. Their idea here was to develop a solution to the problem of blockchain scalability. Now, at the time this was a serious issue facing the industry.

Now, before this project, Benjamin, as well as Lucian Mincu, also co-founded a project known as MetaChain Capital, which was a digital asset management fund, where Benjamin was the CEO and Lucian was the CTO. They also co-founded ICO Market Data, which was an aggregator of information regarding Initial Coin Offerings.

Now, Lucian Todea is a technology entrepreneur that previously founded and served as the CEO of Soft32, which is a software review and download site. He is also the partner of mobilPay, which is a mobile payments application but has also invested in a lot of other projects throughout his career.

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2. Price

EGLD

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2.1. Market Performance

How does MultiversX's (EGLD) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

%

EGLD

-14.0%

Similar Market Cap

3. Developer Activity

We're monitoring 170 MultiversX GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All MultiversX Repos)

Commits vs. The Market

  • Past 4 weeks: 97 commits vs. an average of 1
  • Past 12 weeks: 398 commits vs. an average of 5
  • Past year: 3,095 commits vs. an average of 64

Most Active Repos

Elrond Go
Past week 52
Past 12 weeks 526
Past year 3440
Elrond Wasm Rs
Past week 157
Past 12 weeks 503
Past year 1496
Wasm Vm
Past week 59
Past 12 weeks 180
Past year 1261
Arwen Wasm Vm
Past week 118
Past 12 weeks 473
Past year 1184
Elrond Sdk
Past week 0
Past 12 weeks 9
Past year 875
Ledger Live Common

Forked from LedgerHQ/ledger-live-common

Past week 93
Past 12 weeks 178
Past year 865

Top Developers 2025

In total, 1463 developers have contributed to MultiversX over the past year. Who are the most active MultiversX developers, by commits, over the past year?

gre

Commits: 1,975

andrei-marinica

Commits: 1,783

danielailie

Commits: 1,367

dorin-iancu

Commits: 1,329

catalinnnn

Commits: 1,120

iulianpascalau

Commits: 1,003

sasurobert

Commits: 984

andreibancioiu

Commits: 979

miiu96

Commits: 816

bogdan-rosianu

Commits: 695

tanghel

Commits: 680

camilbancioiu

Commits: 672

gre

Commits: 1,975

andrei-marinica

Commits: 1,783

danielailie

Commits: 1,367

dorin-iancu

Commits: 1,329

catalinnnn

Commits: 1,120

iulianpascalau

Commits: 1,003

sasurobert

Commits: 984

andreibancioiu

Commits: 979

miiu96

Commits: 816

bogdan-rosianu

Commits: 695

tanghel

Commits: 680

camilbancioiu

Commits: 672

valpinkman

Commits: 605

elbywan

Commits: 556

ofreyssinet-ledger

Commits: 537

arhtudormorar

Commits: 519

andrei-diaconescu

Commits: 477

mariusmihaic

Commits: 454

AlexandruPislariu

Commits: 428

matei-p

Commits: 404

LFBarreto

Commits: 389

ssd04

Commits: 374

StanislavSava

Commits: 369

alyn509

Commits: 367

popenta

Commits: 335

claudiu725

Commits: 333

johnykes

Commits: 327

AdoAdoAdo

Commits: 319

mateigraura

Commits: 299

juan-cortes

Commits: 266

SebastianMarian

Commits: 254

BeniaminDrasovean

Commits: 245

ledgerlive

Commits: 242

ccorcoveanu

Commits: 236

pedrouid

Commits: 228

sstanculeanu

Commits: 227

mihaicalinluca

Commits: 196

ovstinga

Commits: 193

levelboy

Commits: 178

sbc64

Commits: 177

dragos-rebegea

Commits: 173

haammar-ledger

Commits: 157

BiancaIalangi

Commits: 155

nparigi-ledger

Commits: 143

pos4d4

Commits: 135

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Related Projects

Developers working on MultiversX also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 16,828
Active Reddit Users (past 24h) 17
Discord users 7,784
Active Discord Users 333
Telegram Users 44,372
Twitter followers 1M
5. News
More News Less News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://elrond.com
Explorer https://explorer.elrond.com/
Twitter @elrondnetwork
reddit /r/elrondnetwork
Forum https://www.instagram.com/multiversxofficial
Whitepaper https://elrond.com/assets/files/elrond-whitepaper.pdf

Has MultiversX been audited for security?

No security audits found for this project.

Are you the owner of MultiversX? Edit it here

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